Monthly Archives: April 2010

Do you know your credit score?

I recently heard of a company called FreeScore that provides credit scores, credit reports and consumer credit information as well as identity theft protection services.  I signed up to check it out and was excited to be able to get … Continue reading

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Posted in Credit Crisis, Credit reports, Education, FAQ's, Helping Debtors, Identity Theft, Improve Your Credit | Leave a comment

What happens if I don't pay?

Michelle, I own a small business in California.  We purchased some product from a company in New Jersey.  We did not sign a contract or agreement of payment terms. This company has hired a law firm to collect the debt … Continue reading

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Posted in Ask Michelle, Business Credit, Court Judgments | 1 Comment

Effective Invoicing – Get Paid Faster!

The best practices for invoicing is to do it right away, immediately after the sale.   Don’t invoice your customers once a month or every 30 days.  To keep your cash flowing send invoices at the time of the sale. List … Continue reading

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Posted in Ask Michelle, Business Credit, Collections for Creditors, Credit Policy Questions, FAQ's, Getting Paid - Michelle Dunn - Business Finance Columni | Tagged , , , | Leave a comment

Being in debt during the Recession…how does this all work anyway?

Dear Michelle, I am behind on some bills.  I am in commercial real estate and my business is taking a beating.  I have had no income at all for the last 10 months and have been living off the money … Continue reading

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Posted in Ask Michelle, FAQ's | Tagged , , | Leave a comment

Starting a collection agency

Michelle, Where can I can find quality information on how to purchase debt and start a collections agency?  I would like to get information  such as typical operating costs, rate of return, types of debt with best chances being collected, … Continue reading

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Posted in Ask Michelle, FAQ's, Starting a Collection Agency | Tagged , , | Leave a comment

Improving Cash Flow

No matter how long you have been doing debt collection, every collector is always looking for a new technique or tool that will help them to be a better collector. My shameless plug here – The Ultimate Credit & Collections … Continue reading

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Posted in About Michelle Dunn, Ask Michelle, Being a Great Collector, Books, Collection Tools, Credit Policy Questions, Education | Leave a comment

Social Media Success Tips

My top 4 tips of what you can do to have more success using social networks to locate debtors, and better your business. Everyone is doing it, this is one time when you should follow the pack and participate Listen, … Continue reading

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Posted in Skip Tracing, Social Networks | Tagged , , | Leave a comment

State Licensing to collect debts

Hi Michelle, We wanted to know if there is an easy way to go from state to state to get our license to collect in each state. I started researching this yesterday and I hit a lot of road blocks. … Continue reading

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Posted in Ask Michelle, Licensing, Marketing | Tagged , , | Leave a comment